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Home Loan
A home is one of the biggest investments you will ever make. Be it for acquiring a plot of residential land, or the construction, completion and renovation of your house, or to refinance your existing housing loan, we are here to help you every step of the way.
SBM Homeloan is the ideal financing…
Boost Loan
SBM Boost is a multipurpose personal loan, with a ceiling of Rs 3,000,000, which does not require you to provide any guarantee.
SBM Boost is a highly flexible and…
Personal Loan
SBM Personal loan is an all-purpose financing solution for any personal project that the customer wishes to implement, whether for a wedding, purchasing a personal computer or any other personal requirements.
SBM Personal loan is an all-purpose…
SBM Achiever
SBM Achiever fulfils the financial requirements of students studying locally and internationally at competitive interest rates.
SBM Achiever was devised to meet the…
SBM Auto Lease
SBM Auto Lease provides you with a cost-effective way of owning a car, turning your dreams into reality, at competitive interest rates.
SBM Auto Lease
SBM Auto Lease provides…
Eco Loan
SBM Ecoloan offers a series of financing solutions enabling individuals, SMEs and corporates to invest in eco-friendly equipment and technology to support their commitment to sustainability.
There is no denying that we are…
COVID-19 Request for Loan Moratorium
Terms and Conditions to benefit from the COVID-19 Request for Loan Moratorium
Eligibility:
Household adversely…
Indicative Interest Rates
| INTEREST RATES ON SAVINGS/CURRENT ACCOUNTS – EFFECTIVE 03rd October 2022 | |
| Savings Account | 1.40% p.a. |
| SBM All-In-One Account |
0.35% p.a. |
| Senior Citizens Savings Account |
1.55% p.a. |
The above rates are applicable to individuals only.
|
INTEREST RATES ON MUR TERM DEPOSITS – EFFECTIVE 03rd October 2022 (Applicable for individual customers only) |
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| 12 Months | 0.20% over Savings Rate presently being 1.40% (1.60%) | Half Yearly |
| 24 Months | 0.40% over Savings Rate presently being 1.40% (1.80%) | Half Yearly |
| 24 Months | 0.55% over Savings Rate presently being 1.40% (1.95%) | At Maturity |
| 36 Months | 0.60% over Savings Rate presently being 1.40% (2.00%) | Half Yearly |
| 36 Months | 0.75% over Savings Rate presently being 1.40% (2.15%) | At Maturity |
The above interest rates for term deposits are for deposits up to MUR 5,000,000. For large single deposits exceeding MUR 5,000,000 and for longer periods, please contact your Service Supervisor.
Non-individuals or businesses are requested to contact their respective Relationship Officer for indicative rates.
Non-individuals or businesses are requested to contact their respective Relationship Officer for indicative rates.
| EFFECTIVE 03rd October 2022 |
| SBM Prime Lending Rate (PLR) is presently 5.40 % p.a. |
|
INTEREST RATES ON FOREIGN CURRENCY DEPOSITS – Effective as from June to September 2022 (Applicable for individual customers only) |
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| TERM DEPOSITS | |||
| USD | EUR | GBP | |
| 12 Months | 2.08 | 0.02 | 1.19 |
| 24 Months | 2.23 | 0.10 | 1.34 |
| 36 Months | 2.38 | 0.12 | 1.44 |
| 48 Months | 2.48 | 0.19 | 1.54 |
| 60 Months | 2.58 | 0.34 | 1.64 |
| CALL DEPOSITS | |||
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No interest is currently payable on Foreign Currency Call Deposits. Negative interest rates may apply to certain Foreign Currency Call Deposits. |
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The above rates are applicable for amounts up to 100,000 units of FCY.
For higher amount, please contact your Service Leader or Private Banker.
Non-individuals or businesses are requested to contact their respective Relationship Officer for indicative rates.
The above rates are indicative and may fluctuate. Please check the latest interest rates and deposit
periods available at any SBM Service Unit.